Other Invoicing arrangements for particular businesses: Retailers: Credit card vouchers
Where a retailer accepts credit cards, the sales voucher given to the customer may be adapted to serve as a less detailed VAT invoice, provided the conditions for issuing less detailed VAT invoices are satisfied - this will mean that the value of the supply does not exceed £250. The voucher will normally show:
- the name and address of the retailer; and
- the amount payable (either with the VAT included or as a separate entry) and the date.
To make it acceptable as a less detailed VAT invoice the retailer must also record the following on the voucher:
- their registration number;
- for each rate of VAT chargeable, the gross amount payable including VAT, and the VAT rate applicable; and
- a description sufficient to identify the nature of the supply.
The retailer’s address may be in an abbreviated form.